Punished hard...I'll take half position here and the other half if it goes down further..but doubt it will.
Sonic is not worth 20 times earnings.It needs to slide down a bit.I did short. Stock price should be based on earnings, and no quick recovery is at hand. So the stock needs to slide to low $8s or higher $7s.JMHO.VB
It may need to do that for you to make money, but it won't. It will head back up to $9.50 and regain at least half of what it lost yesterday.